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Pension Benefit Guaranty Corporation |
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Pension Benefit Guaranty CorporationIn the US, a federal corporation, set up in conjunction with the Employee Retirement Income Security Act (ERISA) of 1974, to guarantee basic benefits to participants in pension plans which are underfunded.Similar MatchesDomestic International Sales CorporationDomestic International Sales CorporationA type of U.S. corporation, authorized in 1971, with income primarily from exports. Usually wholly owned U.S. subsidiaries, DISCs had special treatment in borowing or taxation. A 1976 GATT case found against the U.S., which reached a compromise settlement with the EC in 1981. DISC was replaced in 1984 by foreign sales corporations. Shell corporationShell corporationAn incorporated company with no significant assets or operations, often formed to obtain financing before beginning actual business, or as a front tax evasion. Advance corporation taxAdvance corporation taxTax payable by companies on dividend payments up to 5th April 1999 which was offset against the company's mainstream corporation tax liability. Clearing corporationsClearing corporationsOrganizations that are affiliated with exchanges and are used to complete securities transactions by taking care of validation, delivery, and settlement. Corporation taxCorporation taxA tax payable by a company on its profits. The full rate is 30%, but there is a lower rate for small companies. Further SuggestionsArticles of incorporationFederal Deposit Insurance Corporation (FDIC) articles of incorporation Multinational corporation (MNC) Resolution Trust Corporation (RTC) Instinet (Institutional Networks Corporation) Edge Act corporation Edge corporations Affiliated corporation National Association of Investors Corporation Federal Deposit Insurance Corporation closely held corporation Mortgage Backed Securities Clearing Corporation (MBSCC) Foreign corporation Security Industry Automated Corporation (SIAC) Section 352 of the Income and Corporation Taxes Act 1988 Transnational corporation Pension Benefit Guaranty Corporation (PBGC) Options Clearing Corporation Corporation International Finance Corporation (IFC) National Association of Investors Corporation Securities Investor Protection Corporation Foreign Sales Corporation Domestic corporation |
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